REQUIRED LICENSES Legal StructureWhether an online, home, store, concession stand or a mobile cart, you will need to first select among sole owner/proprietor, partnership, LLC or corporation, all of which also require a General Business License (not a specific license to your type of business) as well. If your trade name is a business name other than your full personal legal name, you will need to file a DBA . For instance, your name is John Doe, and you do business as Best Widgets By John, the name must be registered with a DBA Biz Name because it is not your full legal name. Also, note that whatever item that you sell or lease and it is an item that can be touched (i.e., tangible such as equipment, toys, merchandise, electronics, prepared food) requires a state sales tax ID ( Sellers Permit ) to either buy or sell the items or products wholesale and or sell them retail. If you are hiring workers anytime soon, you will need a Federal EIN and a State EIN (employer identification number). Other instances that you will need a federal tax ID are: if you are a partnership, an independent contractor, and a corporation or an LLC . You can also obtain a federal tax ID as a sole proprietor and use it as a business tax ID in the place of a social security number. However, you will still need other registrations, such as licenses, an assumed business name DBA, and tax IDs as described above. Finally, even one person, sole owner/proprietors working from home or just online can form a LLC or incorporate, in which case, they will not need to file a DBA.

Q: Where do I start my business?A: You can start your business from home.Q: What is the first step in starting a business?A: The first step is to take care of legal requirements such as licensing. Q: Can I use someone elses licenses and tax ids as for example if I buy their business?A: If you buy a business you need to get a new business license - you cannot get their DBA to operate your busines because you need to file a DBA under your own name as the owner of the business and the company name. Q:
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0A:Q: Is a business plan a requirement?A: A business plan is not required to start a business.Q:Is there a list of business name certificates I can obtain from your company? No, our listing are private and not rendered to the public.A:Do I have to pay an annual fee to maintain my DBA registration? No, you don't have to pay anything annually but you do need to renew every 4-5 years and that requires a renewal fee..Q: Where do I go register my business?A: Where to get a business name certificate depends on the state rules and that can be any government level whether state city or county. Q: When does my trade firm name certificate DBA becomes active?A: Your business company name certicate will become active once it is issued.

STEP 1 Brainstorm for Business Ideas
Most entrepreneurs want to just start a business but don't know what business.
For the starting business, here is a list of ideas

Start a business from scratch

Buy a Business

Buy a Franchise

STEP 2 Get a Business Plan
Writing a business plan helps others will evaluate your Kitsap business. When seeking looking for investors or lenders will want to read your plan before funding.

A written guide to starting and running your Kitsap business successfully is essential. This plan will encourage loans, promote growth, and provide a map for you to follow.

Strategic Planning
Learn to strategize in order for your business to succeed.

Sample Business Plan
Use examples to learn how to create your own.

Writing The Business Plan
Detailed, step-by-step - write your plan.

STEP 3 Financing
All businesses require some form of financing. An integral component of starting a successful business is raising sufficient Funds. There are many challenges here, but numerous resources are available to help you. Here are some considerations

Start-Up Costs

Plan for the initial expenses your business will have.Estimating Costs
Learn to anticipate your initial business cost.

Breakeven Analysis
Know when your business breaks even and when you can expect a profit.

Financing Basics
How do you plan to finance your business? This is especially important for new enterprises.

Personal vs. Business Finances
You must know your personal finances and credit before starting out on your own.

STEP 4 Getting started in Kitsap
Now you may think you are ready but here are some legal considerations.

First you should choose a legal structure:

When beginning a business, you must decide what form of business entity to establish. The most common forms of business are the sole proprietorship, partnership, corporation, and S corporation. A Limited Liability Company (LLC) is a new business structure allowed by state statute.

Sole Proprietorships

Partnerships

Corporations

S Corporations

Limited Liability Company (LLC)

STEP 5 Starting to Market and Sell
Where are you going to run your business? Is it going to be home-based? or a commercial location? Hire and train employees to help you run the business. Get a
Kitsap merchant account to accept credit cards and you are ready to go!

STEP 4

Businessnameusa registers,files and pays for filing fees
and also provides information and filing legal forms and ways to help you file documents or register your business as
self-help services and as ordered by you but is not affiliated with the federal,irs,state or local government agencies
nor a law firm or cpa firm. Businessnameusa is a private filing agency providing Business registration servicesbusiness licensetax idllcincorporationlocalfederalstatefederalsellers permit or resale licensedba filing These agencies may or may not charge you to file these documents but Businessnameusa charges a fee to help you register your business. Businessnameusa is not a law firm or a substitute for an attorney or law firm.
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